Integrated Annual Report 2012
Financial statements
Consolidated financial statements
- Approval of the annual financial
- Certificate by company secretary
- Independent auditors' report to the members of Assore Limited
- Directors' report
- Consolidated statement of financial position
- Consolidated income statement
- Consolidated statement of comprehensive income
- Consolidated statement of cash flow
- Consolidated statement of changes in equity
- Notes to the consolidated financial statements
Company financial statements
- Company statement of financial position
- Company income statement
- Company statement of comprehensive income
- Company statement of cash flow
- Company statement of changes in equity
- Notes to the company financial statements
Consolidated income statement
for the year ended 30 June 2012
| 2012 | 2011 | ||
|---|---|---|---|
| Note | R’000 | R’000 | |
| Revenue | 19 | 13 612 731 | 11 180 035 |
| Turnover | 12 947 766 | 10 547 806 | |
| Cost of sales | 7 337 643 | 5 908 896 | |
Gross profit |
5 610 123 | 4 638 910 | |
Add: Other income |
|||
| Commissions on sales and technical fees | 411 302 | 313 369 | |
| Foreign exchange gains (refer note 21) | 632 206 | 254 132 | |
| Investment income | 236 895 | 171 010 | |
| Profit on disposal of |
472 200 | – | |
| Sundry | 231 710 | 110 221 | |
Less: Other expenses |
|||
| Finance costs | 20 | (217 244) | (77 790) |
| Foreign exchange losses (refer note 21) | (375 496) | (155 901) | |
| Mining royalty taxes | (490 060) | (138 184) | |
| Staff remuneration and benefits | (281 586) | (223 091) | |
| Sundry expenses | (645 324) | (76 466) | |
Profit before taxation |
21 | 5 584 726 | 4 816 210 |
| Taxation | 22 | 1 537 692 | 1 566 524 |
Profit for the year |
4 047 034 | 3 249 686 | |
Attributable to: |
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| Shareholders of the holding company | 4 033 013 | 3 219 754 | |
| 14 021 | 29 932 | ||
As above |
4 047 034 | 3 249 686 | |
Earnings per share (cents) (basic and diluted) |
23 | 3 827 | 2 691 |
